Whirlpool names vice chairmen
Whirlpool has appointed two new vice chairmen to bring “focus” to the appliance maker’s global growth strategy.
Michael Todman and Marc Bitzer will begin their roles on Nov. 1.
"Mike and Marc have the experiences in these new roles to help drive our aggressive growth strategy, integrate acquisitions and drive product leadership and innovation in a recovering global economy," said Jeff Fettig, chairman and CEO of Benton Harbor-based Whirlpool. "This structure will bring leadership focus on our strategic initiatives for growth within all of our global markets."
In his position as vice chairman, Todman will lead all integration activities related to the planned acquisition of Hefei Sanyo in China, which reported revenues of more than $850 million in 2013 with 14,000 employees.
He will continue his accountability for operations throughout Asia, Latin America and Global Information Systems.
Todman has been president of Whirlpool International since 2010.
Previously, he served as president of Whirlpool North America. He became a member of the board of directors of Whirlpool in 2006. He began his career with Whirlpool in 1993.
As vice chairman, Bitzer will be responsible for the North America and Europe, Middle East and Africa businesses, KitchenAid Small Domestic Appliances and lead all facets of the Indesit acquisition.
Whirlpool recently announced that it had completed the purchase of a majority share in Indesit Company S.p.A., which had $3.7 billion in sales in 2013 with 16,000 employees.
Bitzer has been president of Whirlpool North America, Whirlpool Europe, Middle East and Africa since 2013.
Prior to that assignment, he served as president of U.S. Operations and president of Whirlpool Europe. He joined Whirlpool in 1999.